[ATTACH] [ATTACH] Pshot today.
Me too. You gotta give the town credit. Except for the Harmon in the massive and terrific City Center...think about the tremendous improvements with the Linc and High Roller area...the T-Mobile and Park venues, now this. If only Bally's would have done the right thing, blown itself up and put a first class development on perhaps the most valuable corner in Las Vegas. No, they tarted it up with more sun glass shops, burger stops, eeesssh. I gotta see that crappy retail bazaar every time I look at the window. (small price to pay). Let's hope the Fountainbleu project turns out.
The original plans for Fountainbleu were amazing. They plan to open it before Resorts World, at least by a few months. Everyone is trying to beat the new conversation center extension and Raider stadium.
So Im new here but it seems like in the next 10 years the strip wont be separated between downtown. It will be one long string of hotels/casinos from southpoint thru downtown. Am I correct ?
No, I don't think so. Part of the reason is that the City of Las Vegas is completely different than unincorporated Clark County. I think this difference will make it difficult for Strip-like development north of Sahara. The Stratosphere is an anomaly and that I don't see as a trend. In fact, some don't call the Stratosphere "a Strip" hotel at all. The County views "the Strip" as being south of Sahara and Las Vegas Boulevard north of Sahara. I do see Fremont Street improving through investment but I don't see them ever making an endless street of casino's up Las Vegas Boulevard. There's a lot of grandfathered property there. I do see the strip being filled in from Sahara all the way south past Raider Stadium, which it isn't now. There won't be any left over unused land pretty soon. Wynn buying the old Frontier lot was probably the last big piece left, along with the piece directly across from Mandalay bay/ Four Seasons. The other big piece on the strip is across from SLS which is owned by MGM. They used it for Rock n Rio once and then gave up. It may return as an outdoor concert area again someday after the hotels in the area are built. Also, I see the Strip expanding East of all things as the biggies want to make their properties bigger. The announcement that the new concert dome (a 36 story concert hall!) that is being build east of the Venetian is one of those examples. Its going to be half a mile east of the Strip when it's done. The Linq and High Roller was also a movement East. The other big things we see is growth not in gambling but in other forms of entertainment. T-mobile is an example that is really helping MGM. Concert events and shopping are the big expansion of space, not casino floors.
I agree with you on all points Bob. There are some prime lots just east of the strip nortth of Harmon. When you said the Stratosphere was an "anomaly"...that's one of the nicest things I've ever heard said about it!
LOL!!! You know there's a little secret to the Strat. If you look closely you can see they made a mistake in the angle of the legs in construction and at one point had to correct it mid way up. Oops!
Things are in flux with the new management but my understanding is it's guests only. But, we still have about 2 years before it opens I think they will build the hotel rooms first and then last tackle the golf course conversion.
rumor has it Tom Fazio was back in town to redo holes from what space is left after building that new Wynn convention building, in other words Paradise Park isn't happening
So the golf course is closed, but it looks like they are still maintaining all of the remaining fairways at least...not sure of the greens based on that construction photo. That's hilarious. I never noticed the few times I've seen it. Here's a photo I found: http://www.vegastodayandtomorrow.com/images/stratosphere.jpg Apparently it was being built correctly and they thought it was wrong so they "corrected" it. Then a little later they realized they were right originally and by then had to re-angle it back, LOL. "When the Stratosphere tower was under construction, somebody in charge thought they had made a rather large error as the curvature of the north east leg appeared to be wrong. They compensated for the error and continued pouring concrete (altering the original curve) until they realized there never was a problem. Now the incorrectly corrected leg was going too straight. Another adjustment was made to get it back into alignment. This is easily visible today." http://www.vegastodayandtomorrow.com/tidbits.htm
Here's another update from 2 days ago. Basically the same shot location as the last. The golf course is still there and maintained even though its closed. Image Unavailable, Please Login
Easy come -- easy go The lagoon is toast. Long live the Golf Course. I was curious about this since the course has been completely maintained for almost a year now after it's "closing". Why would they do that if they were just going to tear it up? https://www.reviewjournal.com/business/casinos-gaming/wynn-las-vegas-abandoning-paradise-park-lagoon-project-1521737/ The pity is it shows Wynn's innovation is also gone with him out.
But do you think it would have been better for business? They reported the golf course closure lost $15 million in gaming revenue as the course attracted guests (recreational golfers) that would stay and spend money in the casinos. How would a lagoon attract customers that spend more money? Just seems like an oversized pool for families to me. I don't care for gambling, but the only place in Vegas I want to visit and stay is the Wynn and have a view of the course and give it a shot. The rest of the hotels are all the same to me except the veneer of theme like egypt, ny, etc. I've stayed in the Luxor before and it was okay, but really just another hotel to me. Seeing a well maintained green golf course with a huge waterfall in the middle of the desert is a pretty nice attraction...
If you're hanging out by the lagoon (pool), you're buying hugely marked up food and drinks, renting cabanas, renting lounge chairs, and paying for other associated services and products. Gambling would have been in the immediate vicinity, so there would have been that income as well. The whole idea is to just keep people on the property. The lagoon would have done that.
Agree. I think Wynn is cuttting back spending. Overstretched in Massachusetts and Macau. And I think they want a war chest for Japan if it’s available.
